Cities with the most expensive homes in the Kennewick metro area
Cities with the most expensive homes in the Kennewick metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.
The typical home value in the United States was $360,385 in October, 2.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of November 14, the 30-year fixed mortgage rate sits at 6.78%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in the Kennewick metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 9 cities and towns with data available were included in the list.
#9. Connell, WA
- Typical home value: $313,141
- 1-year price change: +1.3%
- 5-year price change: +52.2%
#8. Prosser, WA
- Typical home value: $376,715
- 1-year price change: +1.4%
- 5-year price change: +34.8%
#7. Benton City, WA
- Typical home value: $398,494
- 1-year price change: +1.7%
- 5-year price change: +47.9%
#6. Pasco, WA
- Typical home value: $406,880
- 1-year price change: +1.5%
- 5-year price change: +50.8%
#5. Kennewick, WA
- Typical home value: $417,146
- 1-year price change: +2.1%
- 5-year price change: +39.5%
#4. Richland, WA
- Typical home value: $455,764
- 1-year price change: +1.0%
- 5-year price change: +37.2%
#3. West Richland, WA
- Typical home value: $486,305
- 1-year price change: +1.0%
- 5-year price change: +36.5%
#2. Mesa, WA
- Typical home value: $554,468
- 1-year price change: +1.0%
- 5-year price change: +47.8%
#1. Eltopia, WA
- Typical home value: $700,314
- 1-year price change: +5.8%
- 5-year price change: +58.6%